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Mortgage Payment Chart

To determine you monthly mortgage payment (principal+ interest), locate your interest rate then
move across to the column that indicates the term of your loan.  Then multiply that number by
the number of thousands of dollars you'll be borrowing.

       Sample Calculation of Monthly Mortgage Payment:

Interest Rate:    

5%
Term:     30 years
Factor per $1000:     5.2682
Total Mortgage:     $100,000
8.78 x 250 =     $526.82
   
Interest Rate 10 Years 15 Years 20 Years 25 Years 30 Years
5.00% 10.607 7.9079 6.5996 5.8459 5.2682
5.25% 10.729 8.0388 6.8384 5.9925 5.5220
5.50% 10.853 8.1708 6.8789 6.1409 6.6779
5.75% 10.977 8.3041 7.0208 6.2911 5.8357
6.00% 11.102 8.4386 7.1643 6.4430 5.9955
6.25% 11.228 8.5742 7.3093 6.5967 6.1572
6.50% 11.355 8.7111 7.4557 6.7521 6.3207
6.75% 11.482 8.8491 7.6036 6.9091 6.4860
7.00% 11.611 8.9883 7.7500 7.0678 6.6500
7.25% 11.740 9.1286 7.9038 7.2281 6.8218
7.50% 11.870 9.2701 8.0559 7.3899 6.9921
7.75% 12.001 9.4128 8.2095 7.5503 7.1641
8.00% 12.133 9.5565 8.3644 7.7182 7.3376
8.25% 12.265 9.7014 8.5207 7.8845 7.5127
8.50% 12.399 9.8474 8.6782 8.0523 7.6891
8.75% 12.503 9.9945 8.8371 8.2214 7.8670
9.00% 12.668 10.143 8.9973 8.3920 8.0462
9.25% 12.803 10.292 9.1587 8.5638 8.2268
9.50% 12.940 10.442 9.3213 8.7370 8.4085
9.75% 13.077 10.594 9.4852 8.9114 8.5915
10.00% 13.215 10.746 9.6502 9.0870 8.7757
10.25% 13.351 10.900 9.8164 9.2638 8.9610
10.50% 13.494 11.054 9.9838 9.4418 9.1474
10.75% 13.634 11.210 10.152 9.6209 9.3348
11.00% 13.775 11.366 10.322 9.8011 9.5232
11.25% 13.917 11.523 10.493 9.9824 9.7126
11.50% 14.060 11.682 10.664 9.1647 9.9029
11.75% 14.203 11.841 10.837 10.348 10.094
12.00% 14.347 12.002 11.011 10.502 10.286
12.25% 14.492 12.163 11.186 10.717 10.479
12.50% 14.638 12.325 11.361 10.904 10.673
         

Carolina Heritage Realty     411 East 20th Street     Newton, NC 28658
Phone:  828.465.6259     Fax:  828.465.6263
E-Mail us about Renting a Home         E-mail us about Buying or Selling Real Estate